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Kenya to increase cash threshold for foreign investors

Nairobi, Aug. 16 -- Kenya has lined up drastic changes to its investment promotion law in a bid to seal loopholes exploited by foreigners to compete with local small traders and commit crimes such as ... Read More


Equity's tech unit takes on Safaricom in Internet race

Nairobi, Aug. 13 -- Equity Group's #ticker:EQTY financial technology subsidiary has upgraded to a high-speed Internet connection network in the battle for a larger share of the fast-growing mobile dat... Read More


TZ importsovertakeexports fromKenya forfirst time

Nairobi, Aug. 11 -- Kenya's imports from Tanzania have exceeded its exports to the East African Community(EAC) partner state for the first time in decades, signalling improved trade flows under Presid... Read More


Tanzania imports overtake exports from Kenya for first time in decades

Nairobi, Aug. 11 -- Kenya's imports from Tanzania have exceeded its exports to the East African Community (EAC) partner state for the first time in decades, signalling improved trade flows under Presi... Read More


Twins eye cut of billions in Kenyan, Asian commerce

Nairobi, Aug. 10 -- Wapi Pay, a Kenyan digital payments start-up, has set sights on a share of more than Sh600 billion trade between Kenya and Asian countries such as China and India after a successfu... Read More


Export earnings hit 10-year high in first 6 months

Nairobi, Aug. 9 -- Kenya's export earnings for the first half of the year rose at the fastest pace in a decade, lifted by increased sales of horticultural produce and rising prices of coffee. Total e... Read More


Company jobs record slowest growth in July

Nairobi, Aug. 5 -- Kenya's private-sector jobs in July expanded at the weakest pace since April when tighter Covid-19 restrictions were in force, hurt by higher taxation and fuel prices that slowed do... Read More


Farmers replace property developers as biggest loan defaulters in Covid-19 era

Nairobi, Aug. 3 -- Farmers overtook property developers and traders in loan defaults in the first year of Covid-19 shutdowns and restrictions, highlighting the struggle players in the key agricultural... Read More


Defaults on personal loans fall Sh2bn on CRBs return

Nairobi, Aug. 3 -- Defaults on personal loans fell Sh2 billion in six months after the suspension of listing with credit reference bureaus (CRBs) ended, partly signalling a slowdown in corporate layof... Read More


EABL looks to pay dividend this year on high beer prices

Nairobi, Aug. 3 -- East African Breweries Limited #ticker:EABL (EABL) projects to restart dividend payouts this financial year on higher beer and spirit prices in a period when unit sales are expected... Read More